PHOTO: The Parnell house purchased by the University of Auckland for $5 million. Source: Google Maps
The Government’s top watchdog has found the University of Auckland’s purchase of a $5 million mansion for its Vice-Chancellor to stay in upmarket Parnell wasn’t justified.
In a report published today, the Auditor-General said its inquiry into the purchase found the university failed to follow its policy on sensitive purchases and its policy on approving spending on capital.
“We have not seen evidence that the university considered whether spending $5 million was appropriate,” Auditor-General John Ryan said in the report.
“We would expect to see full consideration given to such a decision.”
The university bought the property in November last year for its Vice-Chancellor Dawn Freshwater, who was appointed in 2019, to stay at and host social events for donors and stakeholders.
READ MORE VIA TVNZ